The FinTech Hub
Source: Live Mint There has been a marked increase in the number of income tax notices issued to taxpayers across India in recent months. These communications – on everything from defective returns to demands for additional taxes – have caused anxiety and confusion, especially among individual taxpayers. This article delves deeper into the reasons behind…
Source: Live Mint Shares of East West Freight Carriers were on focus on Tuesday, September 10, following the release of its FY24 annual report. The stock rose by 4.1 percent, reaching an intra-day high of ₹7.08. Despite today’s rally, the smallcap stock remains 38.3 percent below its 52-week high of ₹11.47, hit in December last…
Source: Live Mint Shares of Suzlon Energy, India’s largest renewable energy solutions provider, hit the 5 percent upper circuit limit today, reaching at ₹78.05 per share. This increase comes after global brokerage firm Morgan Stanley reaffirmed its ‘Overweight’ rating on Suzlon Energy, following the company’s recent acquisition of a 1.17 GW order from NTPC. Morgan…
Source: Live Mint Western Carriers (India) IPO price band: The Western Carriers (India) Limited IPO price band has been fixed in the range of ₹163 to ₹172 per equity share of the face value of ₹5. The Western Carriers (India) IPO date of subscription is scheduled for Friday, September 13, and will close on Wednesday,…
Source: Live Mint Bajaj Housing Finance IPO Live Updates: Bajaj Housing Finance Limited launched its IPO on September 9 and will end on September 11. The issue is offering shares at ₹66-70. The company has raised ₹1,758 crore from anchor investors and reserved portions for various investor categories, including a special quota for shareholders. The…
Source: Live Mint The Indian government confirmed the first case of Mpox on Monday, raising alarms over the transmission of the virus in the country. The development coincides with the prevalence of other infectious and vector-borne diseases like malaria, dengue, chikungunya, etc, raising concerns about rising medical costs. The World Health Organisation (WHO) declared the…
Source: Live Mint Bank Nifty Stock Price Live Updates: At 08:30 Bank Nifty was trading at 51117.8 (1.07%). Today Bank Nifty has been trading in the range of 51192.75 to 50369.4. Nifty futures are at 51267.4 (0.0%) & with an open interest change of -6.58% which indicates Price Increase is due to short sellers covering…
Source: Live Mint Breakout stocks to buy or sell: Following a partial recovery in the global markets, the Indian stock market snapped a three-day losing streak on Monday. The Nifty 50 index went up 84 points and closed at the 24,936 mark, the BSE Sensex surged 375 points and closed at 81,559, whereas the Bank…
Source: Live Mint F&O ban list:The National Stock Exchange (NSE) banned trading in seven stocks on Tuesday, September10, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in…
Source: Live Mint Godrej Consumer Products Ltd’s (GCPL) investors are sitting on handsome gains with the stock rising 46% over the past year, steeper than the Nifty FMCG index’s 23% gain. The fast-moving consumer goods company is taking steps in the right direction, including continuous simplification of its business by reducing its stock-keeping units (SKUs,…
